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Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. [1] [8] [9] Its bank operates 2,781 branches in 15 states and Washington, D.C., offering consumer and commercial banking, securities brokerage, asset ...
BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina.
Subsidiaries are separate, distinct legal entities for the purposes of taxation, regulation and liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. [5] [6] The Houston Chronicle highlighted that the creation of a division "is ...
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, regional bank BB&T (NYS: BBT) has earned a respected four ...
This is a list of subsidiaries, equities, and cash equivalents owned by multinational holding company Berkshire Hathaway .
North Carolina-based BB&T Bank has emerged over the last few years as one of the strongest banks in the country. Not only did it survive the financial crisis, but it's gone on to grow considerably ...
A subsidiary, subsidiary company or daughter company [1] [2] [3] is a company owned or controlled by another company, which is called the parent company or holding company. [4] [5] Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called ...
U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. [4] It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. [5] The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses ...